Changing your credit card limit.
Decreasing your limit
ME is no longer offering credit card limit increases. If you drop your credit limit you cannot reapply for a credit limit increase.
You can ask us to decrease your credit limit any time you want – as long as you’re the primary cardholder.
Just jump onto internet banking or give us a call on 13 15 63. In internet banking, either click “reduce my credit limit” under the cards menu.
Things to note:
- Your new credit limit must be above your credit card’s minimum ($1,000 for Frank and ME Mastercard).
- Your new credit limit must be above your current outstanding balance – rounded up to the nearest $100.